148-156 Simcoe Street, Oshawa, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Central. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,750,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 88 x 124.08 ft lot size
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient water radiators heating
Description
Ideal Investment Mixed Use Commercial and Residential Property of Approx. 16,900 Sq.Ft of Space. 100% Leased. 2 of the 5 Retail Units have Rear Delivery Access. (No Shipping Docs) and the Remaining 3 Units have Street Access Only. 4 of the 5 Units Have Basement. There Are 5 One-Bedroom Apartments on the Second Floor. All Leased, 13 Surface Parking Spots in the Rear of the Building. Concrete and Stucco Exterior. New NTI Boiler for Heating and New AC Heat Pump. Transit at the Door and Mins Walk to the Proposed New Transit Hub. Mins to GO Station. 4 Public, 4 Catholic, 1 Private Schools and Tech University Near By. Please do not go direct. Potential to install coin laundry, storage units in the basement, Security features include 24-hour surveillance cameras throughout the entire complex.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 148-156 Simcoe Street S, Oshawa, ON L1H 4G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oshawa, ON
For a property listed at $2,750,000 in Oshawa, the legal minimum down payment is $550,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $55,225 for this transaction. As this listing is in Oshawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $55,225.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.